Sec. 3885.109. ECONOMIC DEVELOPMENT. (a) The district may engage in activities that accomplish the economic development purposes of the district.
(b) The district may establish and provide for the administration of one or more programs to promote state or local economic development and to stimulate business and commercial activity in the district, including programs to:
(1) make loans and grants of public money; and
(2) provide district personnel and services.
(c) The district may create economic development programs and exercise the economic development powers that:
(1) Chapter 380, Local Government Code, provides to a municipality; and
(2) Subchapter A, Chapter 1509, Government Code, provides to a municipality.
Added by Acts 2011, 82nd Leg., R.S., Ch. 706 (H.B. 534), Sec. 2.01, eff. September 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3885 - Mustang Ranch Municipal Management District No. 1
Subchapter C. Powers and Duties
Section 3885.101. General Powers and Duties
Section 3885.102. Improvement Projects
Section 3885.103. Water District Powers
Section 3885.104. Road District Powers
Section 3885.105. Public Improvement District Powers
Section 3885.106. Contract Powers
Section 3885.107. Emergency Services
Section 3885.108. Amendment of Development Agreement
Section 3885.109. Economic Development